The cheapest source of funds available to a company is through?
Answer Details
The cheapest source of funds available to a company is through retained profits. This is because the company does not have to pay interest on the funds like in the case of borrowing from banks or bondholders, or share dividends to shareholders. Instead, the company can use the profits it has earned to reinvest in the business, pay off debts, or distribute dividends. Retained profits are funds that are kept within the company instead of being paid out as dividends. They represent an important source of internal financing for a company and can be used for a variety of purposes, such as funding growth opportunities, expanding operations, or improving infrastructure.